secwatch.observer — SEC 8-K summary
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Issuer:     Bath & Body Works, Inc. (BBWI)
CIK:        0000701985
Form:       8-K
Filed at:   2022-02-02T23:59:59+00:00
Accession:  0000701985-22-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bath & Body Works Q4 record sales $3.027B (+11%); EPS ~$2.25; $1.5B buyback & 33% dividend hike
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- Q4 net sales $3.027B, up 11% YoY; expected EPS $2.25 (guidance $2.10-$2.25).
- Adjusted EPS $2.28 excluding $0.03 tornado charge; up 16% YoY.
- Board authorized new $1.5B share repurchase; $1B via ASR this week.
- Annual dividend raised 33% to $0.80/share; quarterly $0.20 payable Mar 4, 2022.
- Fiscal 2021 ended with ~$2B cash; nearly $2B or ~10% shares repurchased in FY2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701985/000070198522000004/0000701985-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701985/000070198522000004/lb-20220202.htm
  HTML page:      https://secwatch.observer/filing/0000701985-22-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer